We estimate a conditional convergence equation derived from an augmented Solow model where human capital is defined as skilled labour. We implement Generalized Method of Moments (GMM) estimators on a panel of countries. Estimation is carried out on the model in levels instrumented by the lagged...

The paper aims at assessing the net impact of the accumulation of Information and Communication Technologies (ICT) capital on the economy. In a first part, focusing on the supply-side of the economy, we show that the growth accounting methodology cannot provide us with a measure of the net...

Exploring the economic consequences of demographic changes is often carried out within simple accounting frameworks. Such approaches consist of projecting the impact of ageing on social security expenditures under exogenous assumptions about economic growth, productivity, wages and employment....

At the beginning of the nineties labor productivity in France slowed down strongly. Yearly labor productivity (per worker) growth in the non-farm business sector fell from 2% during the 1982-1992 period to 0.7% between 1993 and 2000. This productivity slowdown seems to have stimulated...